Welcome to our dedicated page for Cirrus Logic news (Ticker: CRUS), a resource for investors and traders seeking the latest updates and insights on Cirrus Logic stock.
Cirrus Logic Inc (NASDAQ: CRUS) is a semiconductor company specializing in low-power, high-precision mixed-signal and audio signal processing solutions for mobile, consumer and automotive applications. This news page aggregates Business Wire and other coverage of Cirrus Logic’s announcements, giving investors and followers a single place to review company developments related to the CRUS stock.
Recent news highlights include quarterly financial results, where Cirrus Logic posts shareholder letters detailing revenue, segment performance in audio and high-performance mixed-signal, and commentary on demand for components shipping into smartphones and other devices. The company regularly announces the timing of its fiscal first, second and third quarter results and hosts live Q&A webcast sessions to discuss financial performance and business outlook.
Product and technology announcements are another key news category. Cirrus Logic has introduced an automotive-qualified family of closed-loop haptic drivers (CS40L51, CS40L52 and CS40L53) designed to deliver consistent, immersive tactile feedback across in‑vehicle interfaces. The company also reports on its collaboration with GlobalFoundries to advance BCD process technology and Gallium Nitride (GaN) platforms for next-generation mixed-signal and power devices.
Visitors can also find news on Cirrus Logic’s participation in investor conferences, recognition such as the Digital Technology Award at the Made in Scotland Awards, and updates on its role in markets including smartphones, PCs, professional audio, industrial, automotive and imaging. For anyone tracking CRUS, this page provides a convenient way to review historical and ongoing news about Cirrus Logic’s operations, technology roadmap and market expansion.
Cirrus Logic (NASDAQ: CRUS) announced the nomination of William D. Mosley for election to its board of directors at the 2024 Annual Meeting scheduled for July 26, 2024. Mosley, who has been the CEO of Seagate Technology since October 2017, brings extensive experience in global operations, technology, R&D, sales, and marketing. The announcement also includes the retirement of Tim Dehne, a board member since 2009, who will not stand for reelection. Cirrus Logic, known for its low-power, high-precision mixed-signal processing solutions, is headquartered in Austin, Texas.
Jacobs (NYSE:J) has appointed Venk Nathamuni as its new Chief Financial Officer, effective June 3, 2024. Nathamuni brings over 30 years of experience, including 15 years in executive finance roles, and will oversee Jacobs' financial operations, capital allocation, and investor relations. He previously served as CFO at Cirrus Logic, a $6 billion semiconductor company. Jacobs CEO Bob Pragada emphasized Nathamuni's strategic vision and leadership. Interim CFO Kevin Berryman will assist in the transition and continue as Special Advisor to the CEO. Nathamuni holds an MBA from Wharton and degrees in engineering from SUNY Stony Brook and Madurai Kamaraj University, India.
Cirrus Logic (NASDAQ: CRUS) announced that CFO Venk Nathamuni will resign effective May 24, 2024, to pursue an opportunity outside the semiconductor industry. The Board has appointed Ulf Habermann, Principal Accounting Officer, as interim CFO. Habermann, with 22 years at Cirrus Logic, has held roles such as Controller, Treasurer, and VP of Finance. This transition aims to ensure continuity while the company searches for a permanent CFO. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications and is based in Austin, Texas.
Cirrus Logic, Inc. (NASDAQ: CRUS) reported revenue of $371.8 million for the fourth quarter and $1.79 billion for full fiscal year 2024. The company highlighted progress in product development, increased non-GAAP earnings per share, and positive business outlook for growth and diversification.
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